Google’s Nexus 7 Will BOOST Android and 4 Fresh Analyst Insights
Oracle Corp.’s (NASDAQ:ORCL) sales transition should speed up 2013’s organic growth and margins should also move higher. According to the firm, it is possible for Oracle to gain 20% EPS growth medium term. The firm keeps an overweight rating and $33 price target on shares of Oracle.
Google Inc.’s (NASDAQ:GOOG) new Nexus 7 tablet will increase competition as well as Android’s share of the tablet market, according to ThinkEquity. The firm believes in Androids continued momentum and maintains a Buy rating with a $722 price target on the stock.
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NuVasive, Inc. (NASDAQ:NUVA) Q2 results and the Medtronic case’s final ruling will push shares of NuVasive to around $30, according to Piper Jaffray. The firm keeps an Overweight rating and a $33 price target on the shares.
Seagate Technology. (NASDAQ:STX) and Western Digital’s (NYSE:WDC) HDD estimates have been reduced by Barclays because of the PC market’s continued weakness. The firm lowers Seagate’s price target from $29 to $28 and Western Digital’s from $42 to $41.
Limited Brands, Inc. (NYSE:LTD): According to Cowen, the recent pullback in shares of Limited Brands would best be used to purchase more shares especially since the firm predicts increased margins, solid cash flow, dividends, and return on equity. The shares are given an Outperform rating.
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